Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Lifestyle Footwear Inc. 401(k)

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Lifestyle Footwear, Inc. · Puerto Rico · Manufacturing

What the 2023 filing shows

Lifestyle Footwear Inc. 401(k) holds $112K for 41 participants — about $2,732 per participant, down 5.2% over the 2022 plan year.

$112K
total plan assets (2022 EOY)
41
covered participants
$2,732
avg assets per participant
-5.2%
assets change YoY

The plan reported a net loss of $3K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$112K
Participants
41
State
Industry
Manufacturing

What the Filing Says About Lifestyle Footwear Inc. 401(k)

Lifestyle Footwear Inc. 401(k) is a Profit Sharing retirement plan sponsored by Lifestyle Footwear, Inc., headquartered in Puerto Rico. As of the 2022 Form 5500 filing, the plan reports $112K in total end-of-year assets and covers 41 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 660448782, and the plan has been effective since 2002-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $118K at the beginning of 2022 to $112K at year-end — a decline of 5.2%. Net assets (after liabilities) closed the year at $112K, with reported net income of $-3,271 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$118K
Total Assets (End of Year)$112K
Net Assets (End of Year)$112K
Net Income$-3,271
Plan TypeProfit Sharing
Employer EIN660448782
Plan Effective Date2002-07-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Puerto Rico

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Frequently Asked Questions

How much money is in the Lifestyle Footwear Inc. 401(k)?
As of the 2022 Form 5500 filing, Lifestyle Footwear Inc. 401(k) holds $112K in total assets with 41 participants. It is sponsored by Lifestyle Footwear, Inc..
What type of plan is Lifestyle Footwear Inc. 401(k)?
Lifestyle Footwear Inc. 401(k) is a Profit Sharing plan. It has been effective since 2002-07-01. The plan is filed with the U.S. Department of Labor under EIN 660448782.
Who sponsors the Lifestyle Footwear Inc. 401(k)?
Lifestyle Footwear Inc. 401(k) is sponsored by Lifestyle Footwear, Inc., located in Puerto Rico. The sponsor's EIN is 660448782 and the plan operates in the Manufacturing industry.
How did Lifestyle Footwear Inc. 401(k) perform in 2022?
Lifestyle Footwear Inc. 401(k) declined by 5.2% during 2022, moving from $118K to $112K in total assets. Net income was $-3,271.
Where can I find official filings for Lifestyle Footwear Inc. 401(k)?
Official Form 5500 filings for Lifestyle Footwear Inc. 401(k) are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 660448782 or plan name at efast.dol.gov.
How does Lifestyle Footwear Inc. 401(k) compare to other plans?
You can compare Lifestyle Footwear Inc. 401(k) against other Profit Sharing plans on the plan type page, or view plans in Puerto Rico on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 660448782.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.